Oil Theft Reduces to 5,000bpd – NUPRC The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that the volume of stolen crude oil in the country has reduced to about 5,000 barrels per day, enabling oil production to rise to 1.75 million bpd as of...

Oil Firms Must Meet Domestic Demand or Lose Export Permit – NUPRC The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned that it will deny export permits for crude oil cargoes intended for domestic refining if oil companies do not fulfil their domestic crude obligations. The...

Report Reveals Nigeria’s 2mbpd Oil Plan May Cause Showdown With OPEC   A recent report by Bloomberg suggests that Nigeria's ambitious plan to boost crude oil production to 2.062 million barrels per day may put it at odds with the Organization of the Petroleum Exporting Countries (OPEC)....

NUPRC Begins Oil Export Tracking to Enhance Transparency The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is set to enhance transparency and accountability in Nigeria’s oil and gas sector through the implementation of the Advance Cargo Declaration Solution and the Engineering Audit of Upstream...

The Nigerian National Petroleum Company Limited (NNPCL) and the Nigerian Upstream Petroleum Regulatory Authority (NUPRA) say the country’s crude oil production

'How Six Offshore Licences Were Developed Over The Years'   The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that only six out of the 42 deep offshore licences it granted in the last 30 years have been developed. This was revealed by the Head of the...